My guess: No, it would be a government bailout and de facto takeover, just like Dundee. If it happens in England, it will be a major moment in the way the government thinks about HE as a political liability
My guess: No, it would be a government bailout and de facto takeover, just like Dundee. If it happens in England, it will be a major moment in the way the government thinks about HE as a political liability
I agree it would be a very big moment for governance. The different but overlapping crises in the US and UK I think mark the end of the Anglo-American model (this is a sloppy term) singular global stature